Manager, Income Property Accountant

• Location: Burnaby, British Columbia
• Type: Direct Hire
• Job #14681
• Salary: CA$110,000 Per Hour

About the Company

Our client is a well-established, award-winning developer and property owner with a large portfolio of industrial and commercial properties. They have been recognized as a top employer both provincially and nationally, and are known for a culture that fosters talent, encourages innovation, and rewards success.

As they continue to grow, they are looking for a Property Accounting Manager to lead financial accounting and reporting for their Property Management operations.

About the Role

We are looking for an accounting leader with a strong grasp of property and asset management operations to oversee the financial accounting and reporting for the client’s Property Management business and their industrial and commercial portfolio.

As a key member of both the Asset Management and Finance teams, you will provide decision support through critical thinking, creativity, and collaboration, and lead a team of property accountants. This is a strong opportunity for a leader who wants to balance operational insight with financial reporting and GAAP compliance, and have real influence on how the portfolio is run.

Responsibilities

• Provide strategic decision support to Property and Asset Management, including analysis of the capital plan, budgets, and cost recoveries
• Review annual operating budgets and quarterly forecasts for each property, and support Property Managers in maximizing tenant cost recoveries
• Review cash flow forecasts and distribution analysis prepared by property accountants
• Review and analyze lease agreements, and provide recommendations to management and legal
• Oversee property tax assessments and work with external consultants to minimize property taxes
• Recommend and implement new financial systems, controls, and processes, and drive efficiency through lease set-up review in Yardi and standardized deliverables
• Oversee accounting and finance activities for Property Management operations and all entities that own income-producing properties
• Support the year-end audit, including preparation of working papers and analysis
• Support reporting to third-party investors, including the quarterly investor report and cash forecast
• Oversee all tenant billings and collections, including the annual CAM reconciliation, and monitor tenant accounts receivable for timely collection
• Review new lease set-ups and amendments for accuracy
• Review financial statements and property working papers, highlight variances, and resolve issues
• Work with project accounting to transfer completed projects to asset management, including review of cost allocation models and transfer journal entries
• Support development of reporting dashboards for property and asset management
• Lead, coach, and develop a team of seven property accountants, one assistant manager, and one accounts receivable clerk
• Identify capability gaps and work with the Senior Manager on coaching plans
• Help the team prioritize competing demands week to week and throughout the year

Qualifications

Required

• University degree and accounting designation (CA, CPA, CGA, or CMA)
• 5+ years of Property or Asset Management operations and accounting experience, with proven leadership
• Strong understanding of GAAP, REALpac, and financial reporting requirements
• Experience with Yardi or other property management software
• Intermediate to advanced knowledge of MS Office
• Excellent communication and interpersonal skills, with a natural inclination for collaboration
• Ability to prioritize and manage multiple tasks with competing priorities
• Strong attention to detail, balanced with awareness of the bigger picture
• Organized self-starter who works well both independently and in a team
• Naturally curious, with a willingness to challenge assumptions and ask the hard questions

Preferred

• Experience creating reporting dashboards in Power BI or other visualization software
• Ability to connect with construction and development teams, understand their perspectives, and communicate with an operational mindset

Why Join?

• Pay-for-performance bonus program
• Comprehensive group health benefits
• RRSP matching
• Vacation and maternity leave top-up
• Generous learning and development support
• Paid time for volunteering
• Recognized as a top employer provincially and nationally
• Leadership of a sizeable team, with a seat at both the Finance and Asset Management tables

For more current job opportunities, Follow MatchBox at linkedin.com/company/matchbox-recruitment/

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About MatchBox

Headquartered in downtown Vancouver and serving clients nationally, MatchBox is one of the leading recruitment and solutions firms that specializes in the fields of IT & Technology, Engineering & Technical, Real Estate & Construction, and Accounting & Finance. We offer unrivaled expertise with our team’s extensive experience in the recruitment and professional services industry. We are dedicated to building great connections and creating strong opportunities within the workforce and the labor market.

Equal Opportunities

MatchBox is committed to providing equal opportunities for all applicants. We welcome and encourage applications from people of all backgrounds, including members of minority groups such as racialized individuals, people with disabilities, LGBTQ+ individuals, and Indigenous peoples. It is a priority for us that all candidates are treated fairly and without discrimination. Our recruitment teams receive ongoing training on using objective criteria for evaluating candidates and other related topics to create an inclusive and welcoming environment for all.

Work Permits

Please note that we require all interested candidates to obtain the necessary work permits from the Government of Canada prior to submitting an application. This position is open exclusively to individuals residing in Canada and legally authorized to work in Canada. Applications not meeting these criteria will not be considered.

Further Consideration

We receive a high volume of applications and are only able to contact candidates who are selected for further consideration.

Find out more at www.matchboxhr.com